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Inflation Seems To Be In Check...
There are signs that the recovery from recession is not stoking inflation. The cost of living in the US rose at a slower pace while manufacturing has expanded in the New York and Philadelphia regions. Reports from the Federal Reserve Banks of those cities indicate that factories increased production this month. Fed policy makers...
Wall Street Higher As Companies Optimist...
Wall Street was higher on Monday on indications that companies had enough cash, credit and confidence to undertake big-ticket deals. Xerox and Abbot Laboratories, the pharmaceutical company, have announced two separate deals, after Dell expanded its presence in the computer-services sector last week by buying Perot Systems,and...
Signs of Improvement According to Fed...
The market held steady today after the Federal reserve issued its latest perspective on the US economy. Although there is continued weakness in the labor markets there are positive signals in most districts. Five of twelve districts reported signs of improvement, according to the central bank’s Beige Book, while encouraging...
Good News Drives Market Higher...
StocksĀ traded higher when the market was boosted by a 1.4% month-over-month rise in both the 10- and 20-city S&P/Case-Shiller home-price indexes for June; also, the Conference Board’s August consumer confidence index rose to 54.1 from 47.4 in July. News that President Barack Obama will nominateĀ Ben Bernanke to a...
Central Bankers Believe That Rebound Has...
Central bankers and economists are attending a meeting in Jackson Hole, Wyoming this week, where Ben S. Bernanke, chairman of the Federal Reserve, expressed optimism today about the return to growth in the near term for the United States and the rest of the world. Bernanke was joined by world central bankers, who also expressed...
Economic Signs Point To A Recovery in Eu...
Data released on Thursday, as regards the European economy, showed unexpected strength in the second quarter. Contrasting sharply with the situation at the beginning of the year these statistics offered the clearest evidence yet that rather than a recession Europe would most likely experience a very modest expansion later in...
What led to the financial crisis?

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featured blogs
Inflation Seems To Be I...
There are signs that the recovery from recession is not stoking inflation. The cost...
Central Bankers Believe...
Central bankers and economists are attending a meeting in Jackson Hole, Wyoming this...
Turf War Over Financial...
Treasury secretary Timothy Geitner defended the cornerstones of the administration’s...
American Auto Industry ...
Once upon a time the American auto industry was all powerful, able to influence the...
Insurance Leader Advoca...
Tom Wilson, the chief executive of Allstate Insurance, called for a federal insurance...
Is the Government Emplo...
Any little positive sign seems to give people hope that the worst is over. The unemployment...